Prepare journal entries to record the following transactions for a retail store. assume a perpetual inventory system. april 2 purchased merchandise from lyon company under the following terms: $4600 price, invoice dated april 2, credit terms of 2/15, n/60, fob shipping point.3 paid $300 for shipping charges on april 2 purchase.4 returned to lyon company unacceptable merchandise that had an invoice price of $600.17 sent a check to lyon company for the april 2 purchase, net of the discount price and the returned merchandise.18 purchased merchandise from frist corp, under the following terms: $8500 price, invoice dated april18, credit terms 2/10, n/30, fob shipping destination.21 after negotiations, received from frist a $1,100 allowance on the april 18 purchase.28 sent a check to frist paying for the april 18 purchase, net of the discount and allowance.

Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i. e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i. e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.

Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.

Abus pass costs $5 per week. which of the following equations shows the total cost in dollars, t, of the bus pass for a certain number of weeks, w? t = 5w w = 5t t = 5 + w w = 5 + t